Metropolitan Economic Development Association

6 Grants from 1989 - 2020

  • Total Amount Received: $565,000
  • Location: Minneapolis, MN

Meda's Million Dollar Challenge is the largest business plan competition for BIPOC (Black, Indigenous, and People of Color) entrepreneurs in the country and aims to address racial economic disparities.

Grants received

$25,000 in 2020

  • Term: 5 Months

Meda's Million Dollar Challenge is the largest business plan competition for BIPOC (Black, Indigenous, and People of Color) entrepreneurs in the country and aims to address racial economic disparities.

$50,000 in 2019

  • Term: 5 Months

Sponsorship of the Meda One Million Dollar Challenge

$50,000 in 2018

  • Term: 7 Months

Fund MEDA’s $1 Million Challenge national pitch competition and investment fund for entrepreneurs of color

$200,000 in 2016

  • Term: 19 Months

To develop a blueprint of business environment that will engage and accelerate minority business entrepreneur growth

$225,000 in 2007

  • Term: 35 Months

Toward the salary and benefits of the new Pacesetter Program Coordinator and Business Consulting Services positions, consultant expenses, and new program start-up expenses

$15,000 in 1989

  • Term: 11 Months

To support start-up costs of the Minority Growth Fund